2898 NW 7 AVE, Miami, FL 33127

Parcel: 0131260090540 · Store · Retail Outlet · Zoning: 4801

Assessed Value (2025)
$441,786

Property Details

Living Sqft
4,517
Year Built
1925
Lot Sqft
5,250
Stories
1
STORE : RETAIL OUTLET

Sales History

1
$127,588
2012-04-20
EST OF FLORIBERTO LAGUNAFERDOSS LAGUNA TRS
2
$1,650,000+1193%
2014-10-24
FERDOSS LAGUNA TRSWYNWOOD WEST LLC
3
$16,000,000+870%
2022-04-22
WYNWOOD WEST LLC728 NW 29TH STREET REALTY LLC

Tax Assessment History

$441,786
Assessed (2025)
$760,000
Market Value
$441,786
Taxable Value
$8,994
Annual Tax
2024
$401,624
2025
$441,786
$760,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $441,786 $760,000 $441,786 $8,994
2024 $401,624 $401,624 $401,624 $8,177

About 2898 NW 7 AVE, Miami, FL 33127

2898 NW 7 AVE, Miami, FL 33127 is a store : retail outlet built in 1925 with 4,517 square feet of living space on a 5,250 square foot lot. The property is currently owned by 728 NW 29TH STREET REALTY LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-04-22 for $16,000,000, when WYNWOOD WEST LLC sold to 728 NW 29TH STREET REALTY LLC. The property has appreciated $14,350,000 (870%) since the prior sale of $1,650,000 on 2014-10-24. There are 3 recorded sales for this property.

The 2025 assessed value is $441,786 with a market value of $760,000. This breaks down to $262,500 for the land and $497,500 for the building. The assessed value increased 10% from $401,624 in 2024.

The median household income in this area is $47,260, and the median home value is $293,800. The population density is 8,640 people per square mile. There are active mortgage liens totaling $255,000 recorded against this property.

2898 NW 7 AVE, Miami, FL 33127 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2012 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 3% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $3542 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

728 NW 29TH STREET REALTY LLC
19 W FLAGLER ST STE 310, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$5,701 — $10,519
Flood $400 — $800
Property/Wind $5,301 — $9,719

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$47,260
Median Home Value$293,800
Pop. Density8,640/sq mi

Neighborhood 33127

32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
View full risk analysis →

Mortgages

ACTIVE
$255,000
LOUIS J TEMINUELLO · 2021-12-02
Est. Total Balance $255,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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